Analysts at StockNews.com started coverage on shares of ManTech International (NASDAQ:MANT – Get Rating) in a research note issued on Monday. The brokerage set a “hold” rating on the technology company’s stock.
ManTech International Stock Performance
NASDAQ:MANT opened at $95.98 on Monday. The business has a 50 day moving average of $95.90 and a 200 day moving average of $92.52. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 32.32, a PEG ratio of 11.08 and a beta of 0.66. ManTech International has a 1-year low of $66.91 and a 1-year high of $96.00. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.69 and a quick ratio of 1.69.
ManTech International (NASDAQ:MANT – Get Rating) last released its earnings results on Wednesday, August 3rd. The technology company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.29). The firm had revenue of $669.35 million during the quarter, compared to the consensus estimate of $658.38 million. ManTech International had a return on equity of 8.00% and a net margin of 4.67%. On average, sell-side analysts predict that ManTech International will post 3.52 earnings per share for the current fiscal year.
Institutional Trading of ManTech International
A number of hedge funds have recently bought and sold shares of the company. Pinebridge Investments L.P. grew its position in ManTech International by 248.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 348 shares of the technology company’s stock worth $33,000 after acquiring an additional 248 shares during the last quarter. Ronald Blue Trust Inc. purchased a new position in ManTech International in the 2nd quarter worth approximately $69,000. First Horizon Advisors Inc. increased its stake in ManTech International by 982.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 823 shares of the technology company’s stock worth $78,000 after purchasing an additional 747 shares during the period. Lazard Asset Management LLC purchased a new position in ManTech International in the 1st quarter worth approximately $125,000. Finally, Point72 Hong Kong Ltd purchased a new position in ManTech International in the 1st quarter worth approximately $140,000. Institutional investors own 94.47% of the company’s stock.
About ManTech International
ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation.
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